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BonelessCat

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BonelessCat

Re: SitTight post# 377670

Thursday, 10/07/2021 1:19:34 PM

Thursday, October 07, 2021 1:19:34 PM

Post# of 402670
That’s silly. Try, if you did an assay for your backyard and found out it had gold, and further discover the yield was 18 grams per metric ton. Then you put 100 million into gold extraction technology, but the extraction would take 10 years, would you sell for 1 billion? No. You’d probably sell for 500 million. Let a mine operator make another 500 million over 10 years.

* Never borrow to invest.

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